15 dec 2015
1) What is India’s rank on the Human Development Index (HDI) for 2015 that was released on 14 December 2015? –130th
Explanation: The 2015 edition of the Global Human Development Report was released by the United Nations Development Programme (UNDP) on 14 December 2015. India was placed at 130th place in the index thus gaining one place from its 131st place during 2014. 2015 HDI ranking is based on data from 188 countries.
India’s score in HDI is 0.609 and it thus stood well below the average score of 0.630 for countries in the medium human development group. India stands higher than neighbours Bangladesh and Pakistan but lower than countries like Namibia, Guatemala and Tajikistan, even Iraq. But it is marginally
above the South Asian countries’ average score of 0.607.
But on gender development index (GDI), with a value of 0.795, India ranks behind Bangladesh (0.917), Namibia, Guatemala, even Tajikistan.
Norway topped the 2015 HDI ranking, followed by Australia, Switzerland and Denmark.
2) In an important development, the ground-breaking ceremony of the 1800-kilometre-long TAPI gas pipeline project was held at the ancient city of Mary in Turkmenistan on 13 December 2015. This ambitious project for supplying gas from Turkmenistan involves which other three countries? – Afghanistan, Pakistan and India
Explanation: TAPI stands for Turkmenistan (T), Afghanistan (A), Pakistan (P) and India (I). The TAPI project will comprise of around 1,800 km long pipeline that will supply gas from energy rich regions of Turkmenistan to Afghanistan, Pakistan and India. The total cost of the project is $7.6 billion.
The ground-breaking ceremony of the project was held at Mary, an ancient desert-city of Turkmenistan, around 311 km from the capital Ashgabat. Indian Vice-president Hamid Ansari, Pakistani Prime Minister Nawaz Sharif, Afghan President Ashraf Ghani and Turkmenistan President Gurbanguly Berdimuhamedow took part in the ceremony.
The TAPI pipeline will have a capacity to carry 90 million standard cubic metres a day (mmscmd) gas for a 30-year period. India and Pakistan would get 38 mmscmd each, while the remaining 14 mmscmd will be supplied to Afghanistan.
This ambitious project is expected to be operationalised by December 2019.
3) The Union Govt. on 14 December 2015 constituted a committee to look into the implementation of One Rank One Pension (OROP) scheme for the Ex-Servicemen. Who is heading this committee? – Justice L Narasimha Reddy
Explanation: Justice L Narasimha Reddy, retired Chief Justice of Patna High Court, will head the Judicial Committee which will look into the implementation of One Rank One Pension (OROP) scheme for the Ex-Servicemen.
The committee will primarily look into measures for the removal of anomalies that may arise in the implementation of the OROP as notified by the Government on 07 November 2015.
The Committee will make its recommendation within six months of the date of its constitution. In making its recommendations, the Committee shall take into account the financial impact of its recommendations.
4) What is the name of the first-ever dengue vaccine that was approved by the Mexican government recently? – Dengvaxia
Explanation: ‘Dengvaxia’ is the name of the first-ever vaccine for dengue. It has been developed by global healthcare leader Sanofi and has been tested on 29,000 patients all over the world.
Sanofi has claimed that Dengvaxia aims to alleviate dengue cases from individuals between nine to 45 years old. Back in 2014, the World Health Organization (WHO) had also noted that the said vaccine had a 60.8% effectiveness rate against the four types of dengue.
Dengue is a disease that spreads through mosquito bites and approximately 390 million people annually are said to be infected by it in Latin America, Asia and Africa.
5) Jack Ma-led Alibaba Group Holding Ltd will acquire which iconic Hong Kong-based English-language newspaper, as reported on 14 December 2015? – ‘South China Morning Post’
Explanation: According to a filing made to the Hong Kong stock exchange on 14 December, Alibaba Group Holding Ltd will acquire the ‘South China Morning Post’ and other media assets of SCMP Group Ltd for $266 million. This all-cash deal will thus transfer control of the 112-year-old English language newspaper from Malaysian tycoon Robert Kuok to Chinese billionaire Jack Ma.
‘South China Morning Post’ is Hong Kong’s leading English-language newspaper. It reports on issues and topics that are considered sensitive in mainland China, where the websites of several international media are blocked.
16 dec 2015
1) 34 Islamic countries agreed to form an “Islamic military alliance” to fight terrorism as announced on 14 December 2015. Which country is leading this alliance, which will primarily target the Islamic State? – Saudi Arabia
Explanation: At a rare news conference held on 14 December, Saudi Deputy Crown Prince and Defence Minister Mohammed bin Salman announced that the new Islamic military coalition will work to counter the Sunni extremist Islamic State (IS) group and develop mechanisms for working with other countries and international bodies to support international counterterrorism efforts.
This alliance will have a joint operations centre based in Saudi Arabia’s capital, Riyadh.
The coalition includes nations with large and established armies such as Pakistan, Turkey and Egypt as well as war-torn countries with embattled militaries such as Libya and Yemen. African nations that have suffered terrorist attacks such as Mali, Chad, Somalia and Nigeria are also members. Other Gulf Arab countries such as Kuwait, Qatar and the United Arab Emirates are also in the coalition, though notably absent from the list is Saudi Arabia’s neighbour, Oman.
Saudi Arabia’s regional rival, Shiite Iran, is not part of the coalition. Saudi Arabia is currently leading a military intervention in Yemen against Shiite Houthi rebels and is part of the U.S.-led coalition against the IS.
The list of 34 members: Saudi Arabia, Bahrain, Bangladesh, Benin, Chad, Comoros, Cote d’Ivoire, Djibouti, Egypt, Gabon, Guinea, Jordan, Kuwait, Lebanon, Libya, Malaysia, Maldives, Mali, Morocco, Mauritania, Niger, Nigeria, Pakistan, the Palestinians, Qatar, Senegal, Sierra Leone, Somalia, Sudan, Togo, Tunisia, Turkey, United Arab Emirates and Yemen.
2) Which country confirmed a new flag (called Silver Fern) as a possible challenge to oust the country’s current flag on 15 December 2015? – New Zealand
Explanation: On 15 December New Zealand confirmed the black, white and blue design, called Silver Fern, to become country’s possible new flag, after the final votes were counted in a referendum for the same. About 1.5 million votes were cast in the referendum, with a voter turnout of 49%.
In the referendum New Zealanders were asked to choose which of the final five designs they preferred. A similar design in red and blue came in a close second. Both flags were designed by architect Kyle Lockwood.
The winning design features a silver fern and red stars on a black and blue background. The winning design has similarities to the current flag but ditches the British Union Jack in favour of the fern, which has become a national symbol and is worn by many sports teams. The new design will now go head-to-head against the current flag in a national vote in March 2016.
3) Russian spacecraft Soyuz was launched for the International Space Station (ISS) on 15 December 2015 with three new crew members. Later the capsule of the spacecraft docked successfully with the orbiting laboratory. What are the names of the three astronauts sent to ISS through this launch? – Yuri Malenchenko (Russia), Timothy Kopra (USA) and Timothy Peake (Britain)
Explanation: The Soyuz spacecraft with a new crew onboard was launched to the International Space Station (ISS) from the space launch facility of Kazakhstan on 15 December. The crew included Russian cosmonaut Yuri Malenchenko, NASA astronaut Timothy Kopra (US) and European Space Agency’s Timothy Peake (Britain).
The mission is to spend six months aboard the space station. Already aboard are Russians Sergey Volkov and Mikhail Korniyenko, along with American Scott Kelly. The latter two have been on the space station since March and are on a year-long mission.
ISS is the largest artificial body in orbit and is inhabited by crews for carrying out scientific experiments. It was launched on 2000 and since then has been continuously occupied by humans.
4) Beverage major Coca Cola recently said it will have to shut down some factories in India if the government accepts a proposal to impose ‘sin tax’ as proposed under the provisions of GST. On 15 December 2015 top Coca Cola officials met Chief Economic Advisor Arvind Subramanian, who headed the panel on GST. How much tax has been proposed on aerated beverages under GST? – 40%
Explanation: Chief Economic Advisor (CEA) Arvind Subramanian had recommended a 40% ‘sin tax’ on aerated drinks under the proposed Goods and Services Tax (GST) regime, clubbing it with other items such as paan masala and tobacco. After this beverage major Coca Cola had issued a statement that the huge 40% tax would leave the company with no option but to shut down its factories. It was the first major case of a big company raising red flag against any provision of the proposed GST.
The Arvind Subramanian-led committee had recommended a sin tax be applied to luxury cars, aerated beverages, paan masala, and tobacco and tobacco products (for the states).
5) What is the name of the person of Indian origin who was re-appointed as the Finance Minister of South Africa? – Pravin Gordhan
Explanation: South African President Jacob Zuma re-appointed Pravin Gordhan, an experienced minister of Indian origin, as country’s Finance Minister on 14 December 2015. Gordhan thus replaced the little-known David van Rooyen who had only been in the job since 10 December.
Before this Zuma had sacked previous Finance Minister Nhlanhla Nene in a widely-criticised move that sent the rand to record lows and caused the stock market to tumble. The developments come amid concern over South Africa’s struggling economy.
Gordhan was widely respected when he served as South Africa’s finance minister from 2009 until 2014.
17 dec 2015
1) Union Finance Ministry on 16 December 2015 made it mandatory to quote PAN (permanent account number) for all transactions in excess of Rs.2 lakh, regardless of the mode of payment, to curb black money. This guideline will come into effect from which date? – 1 January 2016
Explanation: The new rule, to come into effect from 1 January 2016 will cover purchases of all goods or services, such as say gold jewellery or furniture. This includes all payments made through cash, cheques or debit or credit cards.
In the case of immovable property, where quoting PAN is currently required for transactions of Rs.5 lakh, the government has decided to raise the monetary limits to Rs.10 lakh.
As far as one-time payment of hotel or restaurant bills is concerned, the Finance Ministry raised the monetary limit to Rs.50,000 from the present limit of Rs. 25,000.
The limit is being raised to Rs.1 lakh from Rs. 50,000 for purchase or sale of shares of an unlisted company.
However, opening of a no-frills bank account, such as a Jan Dhan account, will not require PAN.
2) The Supreme Court, in an unusual order, on 16 December 2015 invoked its constitutional powers and appointed Justice Virendra Singh as Lokayukta of Uttar Pradesh after the State government failed to comply with its directives. It used which Article of the Indian Constitution to give this order? – Article 142
Explanation: In an embarrassment for the Samajwadi Party (SP) government in Uttar Pradesh, the Bench of the Supreme Court appointed former High Court judge, Justice Virendra Singh, as Lokayukta of Uttar Pradesh on 16 December 2015. For doing so the bench examined a list of nominees and ordered the appointment under Article 142 of the Indian Constitution.
The bench was hearing the pleas filed by Mahendra Kumar Jain and lawyer Radhakant Tripathi seeking a direction to the State to appoint the Lokayukta at the earliest in pursuance of the Supreme Court orders.
The bench regretted that its several orders have not been heeded to by the Constitutional functionaries – the Chief Minister, the leader of opposition and the Chief Justice of the Allahabad High Court.
3) The Supreme Court gave two important pertaining to usage of diesel vehicles in New Delhi and NCR on 16 December 2015. What are these? – a) It ordered a ban on registration of diesel-run passenger vehicles of over 2000cc engine capacity in New Delhi and NCR till 1 March 2016 and b) It banned commercial vehicles registered before 2005 from entering Delhi
Explanation: It is worth mentioning that senior advocate Harish Salve had submitted in the Supreme Court that 30% of Delhi’s vehicular population was diesel-run and the number of vehicles as a whole had increased by 97% since 2000. He also said that every third child in Delhi suffered from respiratory disorders and pollution mostly affected children and the elderly.
The Supreme Court acted tough and ordered a ban on registration of diesel-run passenger vehicles of over 2000cc engine capacity in New Delhi and NCR till 1 March 2016 and also banned commercial vehicles registered before 2005 from entering Delhi. The SC also ordered all taxis in Delhi be converted to CNG.
Apart from this the SC doubled the Environment Compensation Cess (ECC) to be levied on commercial vehicles entering Delhi. Light commercial vehicles would have to pay Rs. 1400 instead of Rs. 700 and the heavy ones Rs. 2600, up from Rs. 1300.
4) Indian Space Research Organisation (ISRO) on 16 December 215 successfully launched the PSLV-C29 rocket into the space that carried with it 6 satellites of a South-East Asian country. These satellites will be used to help the country gather information on disaster monitoring and urban planning. These satellites belong to which country? – Singapore
Explanation: ISRO launched its PSLV-C29 (Polar Satellite Launch Vehicle) rocket from its Sriharikota spaceport in Andhra Pradesh on 16 December 2015. This rocket carried with it 6 satellites of Singapore that can capture images of Singapore once every 100 minutes and tracks threats in the sea and air as well as natural disaster across the region.
The 6 satellites were launched one after another, 30 seconds apart, to avoid collision and set a distance of about 20 kilometres between them.
Of the six satellites, TeLEOS-1 is the primary satellite weighing 400 kgs whereas the other five satellites include two micro-satellites and three nano-satellites. TeLEOS-1 is the first Singapore commercial earth observation satellite.
One special feature of these Singapore satellites is that, for the first time, they will orbit around the equator and gather data that will benefit those in the equatorial region. The satellites will be able to produce information at a much higher frequency.
5) The World Bank approved how much loan for India’s Clean India Campaign’, as disclosed by the bank on 15 December 2015? – $1.5 billion
Explanation: World Bank’s $1.5 billion loan will be used to support the Indian Government in its efforts to ensure all citizens in rural areas have access to improved sanitation and end the practice of open defecation by 2019.
The loan will be used for Swachh Bharat Mission (SBM) Support Operation Project. The Ministry of Drinking Water and Sanitation (MDWS) will play the overseeing and coordinating role for the programme and support the participating states.
Funds will also be used to develop the capacity of MDWS in program management, advocacy, monitoring and evaluation.
6) Who took as the new Member Traffic in the Railway Board on 15 December 2015? – Mohammad Jamshed
Explanation: Mohammad Jamshed has held several important assignments in the Ministry of Railways, having being associated with the Northern, Eastern and Central Railways. Some important designations held by him include Additional Member Railway Board, Chief Operations Manager, Chief Vigilance Officer, Chief Safety Officer, Divisional Railway Manager, and Executive Director Railway Board.

During his posting as Additional Member Railway Board, he was Chairman of the Committee on Traffic Optimisation set up by Union Railway Minister Suresh Prabhu.


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